The sale of a large part of the SME customer book from Drax’s energy supply business will not change EBITDA expectations but we do see the move as a helpful de-risking. Smaller customers tend to represent more volatile demand and are less resilient to economic changes such as those seen during the COVID-19 lockdown. With the Customers business fully recovered from weaker trading during that period we see this sale as a sensible tidying up.
